Will the Commercial Real Estate Market Crash?

Will the Commercial Real Estate Market Crash?

This is a question that keeps circulating among many professionals in the commercial real estate industry, and it is a question that comes up daily with my clients. The short answer is, it depends. Wow, that is really thoughtful, Anthony. The reason it depends is because first off, each sector of commercial real estate (CRE) […]

COVID-19 UPDATE: Deadlines for Exchanges in Process Extended to July 15th

COVID-19 UPDATE: Deadlines for Exchanges in Process Extended to July 15th

Due to the COVID-19 crisis, on April 15, 2020, the IRS issued a notice granting relief to taxpayers extending a variety of tax-related deadlines, including those within a 1031 exchange. Consequently, if either the 45-day deadline or the 180-day deadline of your exchange falls between April 1 and July 15, the deadline has been extended to […]

The Future of Co-Working Space

The Future of Co-Working Space

CO-WORKING SPACE: How say you? A great concept that has given a professional work environment for many small business’s and has allowed larger companies to expand without taking big expensive traditional office space. I personally think it has been invaluable to so many, including office landlords, small business, one man operations and others. They have […]

My Los Angeles Heroes

My Los Angeles Heroes

Los Angeles is rich with famous people of integrity   In times of community turmoil, it is good to remember the good we have in our lives and build our hope and aspirations for a better future on that. The legends I am referring to start with John Wooden. Yes, my USC buddies might want to knock […]

Network Partner Donates Fabric to Make Medical Gowns

Network Partner Donates Fabric to Make Medical Gowns

Ragfinders of California, a Downtown Los Angeles wholesale fabric store, has donated fabric to Project PPE to help medical professionals who are in need of medical gowns. See the Spectrum News 1 story HERE. Jacqueline Westman, along with her friend Brittany Walker, started Project PPE, a group of innovative design fields all coming together to […]

Major Properties Network Getting it Done!

Major Properties Network Getting it Done!

A Chatsworth toy company announced plans to help provide hospitals and health care workers with supplies needed to protect themselves during efforts to fight the worsening coronavirus outbreak.   MGA Entertainment, the company behind the popular “L.O.L. Surprise!” dolls, launched the “Operation: PAC-MAN” initiative. It includes the donation of $100,000 to Ronald Reagan UCLA Medical Center, […]

COVID-19 Update

Dear Friends, Due to COVID-19, last Friday Major Properties made the decision to work remotely from home. This past week we have closed some escrows and also lost a few. Many clients have pressed the pause button, and buyers and sellers have agreed to wait out the current situation. I have been getting many calls about […]

It’s the End of the World, so Enjoy the Show!

Should everyone be scared and get out of stocks, sell all real estate and prepare for the biggest correction since 1991? Before you go and do something stupid, consider the facts. Since the election of Donald Trump, we have seen some of the most dramatic changes to national policy in many, many years: Deregulation, a […]

Opinion: Rich or Poor

Opinion: Rich or Poor

I subscribe to James Altucher’s monthly newsletter. I get more than my money’s worth as he also sends me multiple e-mails a week with various promotions with clever concepts and other ideas. This month he discussed who will be rich and who will be poor. I agree with his analysis and have more thoughts that […]